The Rise of IoT in 2020: Predictions and Trends You Should Watch Out For
IoT or the Internet of Things has come a long way from its early stages. The idea of connecting devices to the internet and enabling them to communicate with each other has been around for over a decade, but it’s only in recent years that IoT has started to gain real traction. With the proliferation of smart devices and the increasing number of connected devices, IoT has become one of the fastest-growing markets in the tech industry, and it continues to evolve. In this article, we take a closer look at some predictions and trends you should watch out for in the coming year.
1. Edge computing will take center stage
One of the significant changes we’ll see in IoT in 2020 is edge computing. Edge computing refers to processing data closer to the source, rather than relying on the cloud for processing. With edge computing, the data that is generated by IoT devices can be processed quickly, improving speed and latency. This rapid processing time is crucial for IoT applications that require immediate responses and real-time actions.
2. Artificial Intelligence (AI) will fuel IoT growth
Artificial intelligence and machine learning will play a significant role in fueling the growth of IoT. By integrating AI into IoT devices, the data generated by these devices can be processed efficiently to improve decision making, identify patterns and trends, and automate processes. AI-powered IoT devices will help businesses optimize operations and save money by reducing errors, improving accuracy, and identifying problems before they occur.
3. 5G will speed up IoT adoption
The rollout of 5G networks worldwide will significantly accelerate the adoption of IoT. With 5G, high-speed connectivity, low latency, and high bandwidth will make it possible to connect more devices, process data faster, and enable real-time communication and decision making. The new network infrastructure will enable IoT to reach its full potential and drive innovation in various fields such as healthcare, manufacturing, and transportation.
4. Privacy and security will remain a top priority
As IoT continues to grow and more devices are connected to the internet, privacy and security concerns will remain a top priority. Cyber threats, data breaches, and privacy violations are becoming more common, and businesses must ensure that IoT systems are secure and adequately protected. Companies that prioritize data protection and security will not only build customer trust, but also avoid potential breaches and regulatory penalties.
5. Smart cities will become more common
With the rise of IoT, more cities are adopting smart city initiatives. Smart cities use technology, including IoT devices, to enhance efficiency, improve public safety, and reduce environmental impact. In 2020, we can expect to see more cities embrace smart city technology as it becomes more accessible, affordable, and scalable.
Conclusion
IoT is an exciting and rapidly evolving field that holds enormous potential for businesses and individuals alike. With new trends and predictions on the rise, businesses must stay up-to-date with changes and developments in the IoT landscape to gain a competitive edge. Companies that embrace IoT and integrate it into their operations will drive innovation and ultimately shape the future of the industry.
